Italy For Christ is located in Kennesaw, GA. The organization was established in 1989. According to its NTEE Classification (X12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Italy For Christ employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Italy For Christ is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Italy For Christ generated $441.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $403.7k during the year ending 12/2021. While expenses have increased by 0.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EVANGELISM IN ITALY
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONFERENCES AND EVANGELISTIC CRUSADES IN ITALY
IFC CHURCHES
LEADERSHIP ACADEMY - TRAINING MISSIONARIES IN ITALY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gaetano Sottile President | OfficerTrustee | 40 | $54,625 |
Chris Brady Vice Chair | OfficerTrustee | $0 | |
Ken Foreman Secretary | OfficerTrustee | $0 | |
Bob Higgins Treasurer | OfficerTrustee | $0 | |
David Sawkins Chairman | OfficerTrustee | $0 | |
Byron Attridge Board Emerit | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $439,185 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $439,185 |
Total Program Service Revenue | $0 |
Investment income | $3 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $2,363 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $441,551 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $54,625 |
Compensation of current officers, directors, key employees. | $5,462 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $128,300 |
Pension plan accruals and contributions | $10,100 |
Other employee benefits | $16,469 |
Payroll taxes | $7,520 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,486 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $4,367 |
Office expenses | $3,381 |
Information technology | $3,203 |
Royalties | $0 |
Occupancy | $18,731 |
Travel | $32,355 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $4,088 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,930 |
Insurance | $0 |
All other expenses | $2,252 |
Total functional expenses | $403,708 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $124,264 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,922 |
Total assets | $128,186 |
Accounts payable and accrued expenses | $16,066 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $16,066 |
Net assets without donor restrictions | $112,120 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $128,186 |
Over the last fiscal year, we have identified 3 grants that Italy For Christ has recieved totaling $21,200.
Awarding Organization | Amount |
---|---|
National Christian Charitable Foundation Inc Alpharetta, GA PURPOSE: EVANGELISM | $13,200 |
John And Christine Davis Family Foundation San Jose, CA PURPOSE: GENERAL SUPPORT | $6,500 |
Heavener Foundation Inc Winter Park, FL PURPOSE: MINISTRY COVID RESPONSE | $1,500 |
Organization Name | Assets | Revenue |
---|---|---|
International Generosity Foundation Trust Clearwater, FL | $83,215,501 | $57,171,395 |
Foundation For The Charlotte Jewish Community Charlotte, NC | $211,438,737 | $25,663,220 |
Florida Methodist Foundation Inc Lakeland, FL | $285,393,023 | $7,279,427 |
Wiseheart Foundation Memphis, TN | $10,743,867 | $6,206,349 |
Global Ministries Foundation Cordova, TN | $20,808,133 | $5,793,917 |
Heart For Africa Inc Roswell, GA | $1,675,421 | $4,060,144 |
National Christian Charitable Foundation Inc Knoxville, TN | $13,653,760 | $2,866,277 |
Church Loan Fund Inc Cleveland, TN | $45,949,413 | $2,026,360 |
Foundation Of The Holy Apostles Inc Atlanta, GA | $31,152,603 | $274,998 |
Christian Community Foundation Of South Florida Inc Fort Lauderdale, FL | $1,841,361 | $1,712,430 |
Blood Water Mission Inc Nashville, TN | $1,496,326 | $2,219,618 |
Countryside Cares Inc Clearwater, FL | $1,000 | $1,309,043 |